By: Eric Chester
Aug. 13, 2013
Q. What’s the simplest way to pay an employee?
A. Wage per hour.
Simply multiply the number of hours worked by the agreed upon hourly wage, subtract taxes and presto — a paycheck!
Hourly compensation has been a staple of the free enterprise system since Rosie fastened her first rivet. And like they always say, “If it ain’t broke, don’t fix it!”